Post
Topic
Board Economics
Re: Is it still possible to retire early?
by
wxa7115
on 10/06/2024, 06:08:49 UTC
Early retirement is certainly a choice but it’s an inevitable thing, that’s why we have to prepare for it whether we like it or not, in order to retire peacefully and financially secured. Although not all retirees have the capability to retire stress free from financial struggles, that’s why we are a given a lot of time to prepare for it, and by not missing opportunities to work for an income and investment for passive income as well, we can actually reach the retirement period without so much thinking if we can still survive this retirement age or we end up struggling again with money and finances.
Retiring much earlier than what the law may state on you country is possible, but it requires meticulous planning as this will not simply happen on its own, even if you were to earn a lot of money for a long time.

In my opinion the most important step is to become an investor as soon as possible, since the longer you can remain invested in an asset, the more profits you can get simply by holding it long term, so someone that invested all the money they could since their early twenties, will achieve great results by their early forties, results which could be good enough to allow them such an early retirement.